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the boehner plan goes for $2 trillion in deficit reduction, boehner wants, oh, yeah, he's going to kkck tail, all right? we're going to get $2.2 billion in the spending of this country. let me rephrase that. that'll be a $2.2 trillion reduction in the total planned spending. the growth of our spending will alter, it'll be just about that line right there. we're potentially looking at the republican plan, well, in 2020, i guess the best way to show you is just how tough it is. we'll only have a deficit and a debt, a national debt under the boehner plan -- remember, this is the o plan, this is the b plan -- $25.2 trillion by 2022. mr. obama wants $350 billion in entitlement cuts over the next ten years, mr. boehner wants $800 billion in entitlement cuts, and we're going to see a big, dramatic negotiation. and what you and i is -- and all of our fellow americans are looking at is the prospect of a recession next year if the president and mr. boehner can't come to an agreement, as much as a 10% unemployment rate because both this president and the republican party, as you can see here, are
the boehner plan goes for $2 trillion in deficit reduction, boehner wants, oh, yeah, he's going to kkck tail, all right? we're going to get $2.2 billion in the spending of this country. let me rephrase that. that'll be a $2.2 trillion reduction in the total planned spending. the growth of our spending will alter, it'll be just about that line right there. we're potentially looking at the republican plan, well, in 2020, i guess the best way to show you is just how tough it is. we'll only have a...
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speaker boehner, don't give an inch on taxes. >> both john boehner -- what i'm saying is both john boehner and i say, look, if you want to make a deal, you're going to have to consider what the other party wants, what the other side wants, what -- you have to get to an agreement. >> neil: what would the agreement be, one to one? >> look, i've been for bowls simpson and -- the outline, not the specifics. what they said is we need to deal with entitlements, we need to strengthen social security and medicare and make sure they're sustainable. >> neil: their ratio was $3 in spending cuts to 1 dollar in revenue. what do you think this will be? >> actually, frankly, as you probably know, neil, the bowles simpson proposal was closer to 2-1 than 3-1. >> neil: do you think the final package will be 2-1? >> i don't know. i know this, that frankly we ought to stop talking about the politics or ideology. we have a math problem in my opinion. the problem is we need to get -- you could pick your target. my target would be 70% of debt to gdp by 2022 or 2023. then work the math backwards and how you get t
speaker boehner, don't give an inch on taxes. >> both john boehner -- what i'm saying is both john boehner and i say, look, if you want to make a deal, you're going to have to consider what the other party wants, what the other side wants, what -- you have to get to an agreement. >> neil: what would the agreement be, one to one? >> look, i've been for bowls simpson and -- the outline, not the specifics. what they said is we need to deal with entitlements, we need to strengthen...
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any word on what speaker boehner might say later this morning? >> reporter: well as you said he's meeting with his house republican conference, all the rank and file republicans, as we speak in the room literally right next door to where i am right now. we're going to see our reporting we're going to see what the mood of the republican caucus is, where they stand, because as you know, a big part of the dynamic here that we've been talking about for weeks is the fact that boehner really is a bit ham strung because many in his caucus, most in his caucus really do not want him to give on that big divide over raising tax rates for the wealthiest americans, so we're going to see if there's any give on that in his caucus and of course, what he's going to do here is probably a lot of public posturing, which we heard yesterday and the day before that and the day before that, but got to read between the lines on the public posturing so we'll tell you what happens. >> public postures in washington? never. >> reporter: i know, who knew? >> dana, thank you.
any word on what speaker boehner might say later this morning? >> reporter: well as you said he's meeting with his house republican conference, all the rank and file republicans, as we speak in the room literally right next door to where i am right now. we're going to see our reporting we're going to see what the mood of the republican caucus is, where they stand, because as you know, a big part of the dynamic here that we've been talking about for weeks is the fact that boehner really is...
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only 39% of republicans approve of boehner's handling of it. so it's not like he has the wind to his back. >> that's right. i think that speaks to, really, this is a fractionist party. boehner's is the leader of this house faction, but i think the republican party is very split nationwide and those polls suggest -- and i do think, also, that we're seeing a lot in the public play out. but there's all sorts of private talks going on that we just don't know about. you heard from pelosi today about talks that she had. of what her impressions of where this deal actually is. you heard from jay carney the same thing. they don't want to play this out in public. they don't want to play it out in that way because it might jeopardize a deal later on. on the one hand, you have boehner with a public theater that may not actually be in keeping with what is actually going on behind closed doors. i think both of these men are ultimately going to have to get a deal done. and both of them are thinking about their legacy. they're also thinking about what it's goi
only 39% of republicans approve of boehner's handling of it. so it's not like he has the wind to his back. >> that's right. i think that speaks to, really, this is a fractionist party. boehner's is the leader of this house faction, but i think the republican party is very split nationwide and those polls suggest -- and i do think, also, that we're seeing a lot in the public play out. but there's all sorts of private talks going on that we just don't know about. you heard from pelosi today...
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so john boehner trying to simplify things. he's asking top democrats and republica republicans to step aside so he can negotiate with the president one-on-one. it seems to be a request that everyone was able to live with. brianna keilar is live for us at the white house. if this is the case that everybody has been cleared out of the room, does that surprise you? it seems to make sense to me. >> reporter: it's not surprising at all. this is what observers of this process thought would happen all along. ultimately this was a process that would come down to president obama and house speaker john boehner brokering a deal. very much the way you saw they attempted to do during the debt ceiling debacle last year. it simplifies the problem of less cooks in the kitchen. then they will have to sell it. president obama would have to bring in democrats. john boehner would have to bring in his republicans and make sure everyone is on board. this comes on the heels of what has really been radio silence between the white house and house repu
so john boehner trying to simplify things. he's asking top democrats and republica republicans to step aside so he can negotiate with the president one-on-one. it seems to be a request that everyone was able to live with. brianna keilar is live for us at the white house. if this is the case that everybody has been cleared out of the room, does that surprise you? it seems to make sense to me. >> reporter: it's not surprising at all. this is what observers of this process thought would...
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boehner authentically doesn't want higher rates. it's a genuine concession by him and by republicans. obama, i think, on truth serum, would agree that significant entitlement reform is something that's necessary, it's something he wants so his concession is actually taking him closer to where he thinks the country needs to be substantively. that is not true of house democrats but with obama, i believe, substantively. chris: i wish you could tell me quickly, why does boehner care so much about the top bracket and the rate? >> because he's authentically a conservative and believes that rates -- higher rates just mean a green light for democrats to expand the role of government. chris: republicans suspect that all democrats want is a larger to spend more money. >> to spend more money and they believe it hinders growth if you have a higher tax rate but you'll see democrats pop up with other issues -- concern about extending unemployment benefits for those out of work the longest which is expensive for the government as well as family fa
boehner authentically doesn't want higher rates. it's a genuine concession by him and by republicans. obama, i think, on truth serum, would agree that significant entitlement reform is something that's necessary, it's something he wants so his concession is actually taking him closer to where he thinks the country needs to be substantively. that is not true of house democrats but with obama, i believe, substantively. chris: i wish you could tell me quickly, why does boehner care so much about...
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jon: to the fiscal cliffhanger on capitol hill as the president and house speaker boehner say they're keeping open the lines of communication one day after meeting to discuss the ongoing negotiations aimed at stopping the combination of automatic tax increases and spending cuts set to kick in less than four weeks from now. chief congressional correspondent mike emanuel live on capitol hill for us. three weeks from the end of the year, mike. any signs of progress? >> reporter: jon, it is hard to tell we know the president and the speaker of the house met privately yesterday and as we mentioned both sides say the lines of communication are open but they are not giving out any details of what was discussed or any readout of the meeting. that may be a good sign. the previous meeting was on camera. this one face-to-face privately at the white house and so perhaps they had a chance to roll up their sleeves and get into some of the tough details in terms of finding a deal on the fiscal cliff. this morning a leading republican said any deal should include the major drivers of our debt. >> the
jon: to the fiscal cliffhanger on capitol hill as the president and house speaker boehner say they're keeping open the lines of communication one day after meeting to discuss the ongoing negotiations aimed at stopping the combination of automatic tax increases and spending cuts set to kick in less than four weeks from now. chief congressional correspondent mike emanuel live on capitol hill for us. three weeks from the end of the year, mike. any signs of progress? >> reporter: jon, it is...
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boehner hasn't come back yet. if boehner offers $1 trillion new revenues can it pass the house? >> andrea: great question. we are sitting around the table sitting about deal that boehner brokers. he has to go back to the members to get the deal through the house. i'm not so sure about it. i know what he won't get through the house, raising taxes. he is not going to get some tax raising compromise together. there is no house member when they know they have to run for re-election every two years, that is going to vote for a tax increase. how would they get through a primary? >> bob: they will vote on cutting taxes on everybody but the 2%. that is politically sellable. >> dana: no. extending the bush tax cuts for everybody. it's not obama's tax cuts. >> bob: you extend it for everybody except for that group of people. >> eric: if they are not -- let me ask you. >> dana: i see. >> eric: will they get -- >> dana: i see what he is saying. it's like when you reduce the rate of growth, you get credit for saying that you cut spending. it's a game. it's a word game. >> bob: keep in mind,
boehner hasn't come back yet. if boehner offers $1 trillion new revenues can it pass the house? >> andrea: great question. we are sitting around the table sitting about deal that boehner brokers. he has to go back to the members to get the deal through the house. i'm not so sure about it. i know what he won't get through the house, raising taxes. he is not going to get some tax raising compromise together. there is no house member when they know they have to run for re-election every two...
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that's just minutes after speaker boehner met with rank and file gop lawmakers and former speaker pelosi met with house democrats. they are all in each other's corners speaking amongst each other but all eyes are on the fiscal cliff. let's scoot over to the president. easy merging from that meeting with the washington business leaders. let's see what he has to say. >> jim, thanks for your leadership. you know, originally my team had prepared some remarks, they always get nervous when i'm out there on my own, never know what i might say. but given the dialogue that we had the last time, i thought it was useful for me to abbreviate my remarks, speak off the cuff at the top and then most of the time just having a conversation. let me begin by saying all of you in this room are not just business leaders, not just ceos of your companies but you're also economic leaders and thought leaders in this country and i recognize that all of you have an enormous investment not only in your own companies but in the well-being of america. there are a lot of patriots in this room and people who care deepl
that's just minutes after speaker boehner met with rank and file gop lawmakers and former speaker pelosi met with house democrats. they are all in each other's corners speaking amongst each other but all eyes are on the fiscal cliff. let's scoot over to the president. easy merging from that meeting with the washington business leaders. let's see what he has to say. >> jim, thanks for your leadership. you know, originally my team had prepared some remarks, they always get nervous when i'm...
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boehner raised the question. some of the things that the president was asking for i couldn't get through the house anyway. if he can make a deal with the president and it is still painful, even if it's not $1.4 trillion in new revenue can he get it through the house? how much danger is he in for losing the speakership if he doesn't stand firm enough on the president? >> he could be in fair bit of danger here. the question is, if he is willing to get something through the house without a majority of the caucus for. this hastert rule. speaker hastert would never bring something through unless majority of republicans to support it. >> chris: majority of the majority. >> so of course his speakership could be threatened here. one side story of this at least in washington is the majority leader. cantor has been not as front and center in the negotiations at all. is he waiting in the wings to help things out, waiting in the wings to be there if speaker boehner falls? that is an intrigue here. speaker boehner is committe
boehner raised the question. some of the things that the president was asking for i couldn't get through the house anyway. if he can make a deal with the president and it is still painful, even if it's not $1.4 trillion in new revenue can he get it through the house? how much danger is he in for losing the speakership if he doesn't stand firm enough on the president? >> he could be in fair bit of danger here. the question is, if he is willing to get something through the house without a...
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john boehner is the president's partner at this point. he can't wait for two years for a resolution of this problem. it would be damaging for the markets, for the economy. >> everybody, yeah. >> if this thing drifts for two years. certainly the president would like to have a democratic house, but he doesn't have one right now. he's not going to have one for some time, probably not going to have one after the 2014 elections. >> no? >> so i think this president is focused on trying to get john boehner and republicans to come his way on tax rates which is a position that's popular with the american public as our nbc/"wall street journal" poll showed this week and then get to the end stage bargaining on spending. >> so who prompted this meeting, john? you said there's a real shakeup, you're hearing about a shakeup. who prompted the meeting? was it the president or john boehner? >> reporter: i don't know that yet. i infer from what i heard about a shakeup being required that the speaker might have done it, but i don't know that yet. >> okay. w
john boehner is the president's partner at this point. he can't wait for two years for a resolution of this problem. it would be damaging for the markets, for the economy. >> everybody, yeah. >> if this thing drifts for two years. certainly the president would like to have a democratic house, but he doesn't have one right now. he's not going to have one for some time, probably not going to have one after the 2014 elections. >> no? >> so i think this president is focused...
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. >> john boehner made a point at expressing dismay the president hasn't responded two days after the republicans sent him a fiscal cliff counteroffer. >> if the president doesn't agree with our proposal and our outline, i think he's got an obligation to send one to the congress. and a plan that can pass both chambers of congress. >> by trying to keep gop frustration on the president, boehner appears to be keeping conservative lawmakers off his own back for now. >> what's mood inside the conference. >> very united, very supportive with the speaker. >> multiple sources tell cnn in a private meeting with house republicans, boehner got no flow back for producing $800 billion in tax revenue, despite backlash from conservative groups outside congress. >> any complaints about this new revenue? >> i didn't hear anything. >> the speaker has full support of the conference to move forward and get something done for the american people. >> so far, rank and time republicans are allowing boehner to play out this showdown, trying to look reasonable while the president is intransigent. especially si
. >> john boehner made a point at expressing dismay the president hasn't responded two days after the republicans sent him a fiscal cliff counteroffer. >> if the president doesn't agree with our proposal and our outline, i think he's got an obligation to send one to the congress. and a plan that can pass both chambers of congress. >> by trying to keep gop frustration on the president, boehner appears to be keeping conservative lawmakers off his own back for now. >>...
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boehner's already said he put revenue on the table. read the bob woodward book, the price of politics. it showed that boehner went much further than any republican has been willing to go when it comes to revenue and funding the government. the second issue when it comes to president obama saying we want to return back to the clinton era rates, it wasn't the rates that netted government revenue. it was unprecedented economic growth in the tech bubble. so the brilliance of this -- >> and no war. >> well, that's -- that's the rate question. the income to government. spending side of the equation. if we simply return back to the spending rates as a percentage of our economy of the clinton era, this thing would be fixed like that. >> that's what we keep hearing. anyway, representative, good to have you on the program. >> thanks for having me. >> can't wait to hear what the traders have to say about this. "fast money halftime report" with scott wapner and the crew begins right now. >>> all right, brian and thanks so much. welcome to "halftim
boehner's already said he put revenue on the table. read the bob woodward book, the price of politics. it showed that boehner went much further than any republican has been willing to go when it comes to revenue and funding the government. the second issue when it comes to president obama saying we want to return back to the clinton era rates, it wasn't the rates that netted government revenue. it was unprecedented economic growth in the tech bubble. so the brilliance of this -- >> and no...
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john boehner sitting by himself. all alone. not a single member of his party willing to share his company. he didn't even have any milk to drink because -- well, tell them why, john. >> they had taken my milk and thrown it in the garbage. >> they took it and threw it in the garbage. >> that's jay ferrell as president obama. he is so good at this. candy crowley actually thought that was president obama. >> he is so good at his delivery. >>> let's talk about our documentary that aired last night. fifth installment of the "black in america" series. we asked the question who is black in america? it unravels the complicated, densely packed issue of racial identity in in country. here is a clip. you must have been told, well, you're not really black like 100 million zillion times. >> you know, i love that conversation. >> you do? you love that conversation. why? i hate that conversation. >> it is fascinating to me. it is fascinating. >> so what do you check when you have to fill out a form, like a census? >> i say black now. but as l
john boehner sitting by himself. all alone. not a single member of his party willing to share his company. he didn't even have any milk to drink because -- well, tell them why, john. >> they had taken my milk and thrown it in the garbage. >> they took it and threw it in the garbage. >> that's jay ferrell as president obama. he is so good at this. candy crowley actually thought that was president obama. >> he is so good at his delivery. >>> let's talk about our...
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these negotiations are between two men, house speaker john boehner and the president. and once those two men agree, then they will take it to their folks. >> all right. kate balduan, live in washington. thank you. >> thanks, guys. >>> all right, recreational pot is now legal in washington state under a new law which took effect at midnight. adults can possess up to an ounce of marijuana legally. it's still against the law to grow pot or to sell it. but those celebrating the new normal are accentuating the positive. >> it's amazing. i'm not a criminal anymore. i can't go to jail for small amounts of marijuana, you know? it's -- i'm free to be free. >> the new law doesn't allow smoking in public places, just like alcohol, but police in seattle and across the state made an exception for overnight celebrations to ring in this new law. >>> so it's another public relations problem for penn state. the school's kai omega sorority is under investigation for stereotype i stereotyping latinos. pictures showed the sorority members in somberos with fake mustaches with signs that sa
these negotiations are between two men, house speaker john boehner and the president. and once those two men agree, then they will take it to their folks. >> all right. kate balduan, live in washington. thank you. >> thanks, guys. >>> all right, recreational pot is now legal in washington state under a new law which took effect at midnight. adults can possess up to an ounce of marijuana legally. it's still against the law to grow pot or to sell it. but those celebrating the...
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if boehner can get his people, can you get your people? >> we doe known what is in agreement right now but those two particular items create significant concerns within most of the democratic caucus for policy reasons. on the medicare age piece, we think there are far better ways to reduce medicare costs. we think we should build on the model of the affordable care act which reduces costs overall in the melt care system, not simply transfer rising health care costs on the backs of seniors. there are some provisions in the president's proposals that do it the way i suggest. i would point out, if you look at the president's budget proposal over the next 10 years it has more in the way of medicare savings than the ryan republican budget that passed the house and the senate had over the next 10 years. when the republican colleagues put these big numbers on the table just remember, the president's budget proposal, again, over the next 10 year, the one that was adopted before has more medicare savings. he does it in a different way than republic
if boehner can get his people, can you get your people? >> we doe known what is in agreement right now but those two particular items create significant concerns within most of the democratic caucus for policy reasons. on the medicare age piece, we think there are far better ways to reduce medicare costs. we think we should build on the model of the affordable care act which reduces costs overall in the melt care system, not simply transfer rising health care costs on the backs of...
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after the meeting, spokesman for both boehner and the president issued identical statements. that's nice. simply saying the line of communication remain open. that is promising according to former white house chief of staff erskine bowles. >> they've started to tango now and anytime you've got two guys tangoing. you've got a chance to get it done. >> how are the warnings affecting you? the american consumer. in the last few weeks, we have seen record shopping and black friday sales. we've also seen jobs numbers that are up. and today, fedex is expecting its busiest day ever. shipping about 19 million pa packages. that is about 20 packages per second. and loads of jet fuel. christine romans joining me now with more. those sound like great indicators. you're the trend lady. do the trends look like they're going to continue despite this horror show of the fiscal cliff? >> there's a bunch of things going for consumers. you named some, but you've also got the stock market. job growth. rising home values. you've been seeing home values tick up slowly, but surely over the last few m
after the meeting, spokesman for both boehner and the president issued identical statements. that's nice. simply saying the line of communication remain open. that is promising according to former white house chief of staff erskine bowles. >> they've started to tango now and anytime you've got two guys tangoing. you've got a chance to get it done. >> how are the warnings affecting you? the american consumer. in the last few weeks, we have seen record shopping and black friday sales....
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and big, painful federal budget cuts, unless president obama and house speaker john boehner can come together. >> the president, not so conciliatory note. we'll get the latest from david kerley coming up. >>> check this out. why all new cars may soon be spying on their drivers and making it tough for you to cover your tracks. >>> we're going to start, though, with what should have been a joyous week for the royal family. but news of kate's pregnancy was overshadowed by her hospitalization for morning sickness, a prank call that duped two of her nurses. and then, the suspected suicide of one of those nurses. this morning, the boss of the two australian deejays behind this prank is now speaking out. and abc's jeffrey kofman is in london on the story. jeffrey, good morning to you, sir. >> reporter: and good morning to you, dan. an outpouring of indignation, what we're seeing around the world as news of this story spreads. and nowhere is it stronger than in australia. all of it focused on the two radio presenters behind the hoax call. >> this is 9 news. >> a sydney radio station is tonig
and big, painful federal budget cuts, unless president obama and house speaker john boehner can come together. >> the president, not so conciliatory note. we'll get the latest from david kerley coming up. >>> check this out. why all new cars may soon be spying on their drivers and making it tough for you to cover your tracks. >>> we're going to start, though, with what should have been a joyous week for the royal family. but news of kate's pregnancy was overshadowed by...
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so it must come down to boehner's future. do you see more and more republicans starting to peel off in the house? will this pressure mount? >> absolutely. i think -- i think we're seeing an awful lot of republicans already folding privately. and i think that that's being reflected in the larger debate. i think we're going to see more of that. i mean, i'm very struck by -- the day after we had the sacred cows of the republican party -- i mean, there was a barbecue of the sacred cows. it was amazing. grover norquist, persona non grata. karl rove, completely unwelcomed in many corners in which he was star in the sun king. i think as people are feeling that, you're sensing that they really need to rethink in both short term and long term what kind of a republican party can they be? >> okay. donna gentile-o'donnell and michael eric dyson. professor, great to have you with us tonight. >>> there's a lot more coming up in the next half hour of "the ed show." stay tuned. >> we're not going to implement obama care in florida. >> we're
so it must come down to boehner's future. do you see more and more republicans starting to peel off in the house? will this pressure mount? >> absolutely. i think -- i think we're seeing an awful lot of republicans already folding privately. and i think that that's being reflected in the larger debate. i think we're going to see more of that. i mean, i'm very struck by -- the day after we had the sacred cows of the republican party -- i mean, there was a barbecue of the sacred cows. it...
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one-hour phone call between to president obama and house speaker boehner. democrats say they're not going to move until the republicans say they're going to be for higher tax rates on the wealthy. and spending cuts. republicans aren't going to come forward until the democrats say more about how they want to cut spending. right now, we're stuck. now, it could be the well that is getting poisoned right now, as positions are going to harden with all of these negotiations they sometimes with most fire before they break. the debt limit, president obama said that he's not going to negotiate at all over the debt limit. i don't know how you can get that resolved by december 31st. >> could the republicans give in on the tax cuts on the rich in this country if they want to use the debt limit as leverage? >> they could. lot of republicans have said, they know taxes are going to go up, but they want to know how far the president is willing to go in cutting spending especially that entitlement spending, even social security before they sign on to the higher rates. you g
one-hour phone call between to president obama and house speaker boehner. democrats say they're not going to move until the republicans say they're going to be for higher tax rates on the wealthy. and spending cuts. republicans aren't going to come forward until the democrats say more about how they want to cut spending. right now, we're stuck. now, it could be the well that is getting poisoned right now, as positions are going to harden with all of these negotiations they sometimes with most...
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boehner came out and said we should raise taxes. >> i think boehner is doing the best he can to prevent marginal tax rates from rising. i think that's a very noble cause after conservatives and republicans lost in the last election. i think boehner's done the exact right thing. >> i've heard you make the bold case for conservatism on this show. we should advocate for what worked with ronald reagan. guess what? our economy took off. we got 20 million jobs and youth unemployment dropped 43%. and revenues doubled. >> that's not the issue. >> yes, it is. >> that's not john boehner's issue. john boehner didn't lose the presidency, my friend. and don't forget that. and by the way, conservatives did not win the presidency and conservatives did not win the senate. it was a lousy year. and you have to deal with that. and let me add one thing. i am a flat tax supply sider and i worked for ronald reagan. reagan compromised. he compromised in 1982 over a lousy deal which he regretted. he compromised in 1983 over a very good social security fix. and then he compromised again in 1986 over a very good
boehner came out and said we should raise taxes. >> i think boehner is doing the best he can to prevent marginal tax rates from rising. i think that's a very noble cause after conservatives and republicans lost in the last election. i think boehner's done the exact right thing. >> i've heard you make the bold case for conservatism on this show. we should advocate for what worked with ronald reagan. guess what? our economy took off. we got 20 million jobs and youth unemployment...
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Dec 13, 2012
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john boehner has to go back to his caucus and sell this. getti the president is not putting forward an offer and he's right p. the white house is playing a weird game. but these guys don't understand the polling is against them. the facts are against them and election has been won. top 2% will pay more tax. end of story. >> and i didn't hear the speaker address that 75% say the top 2%, take it off the table. thank you. great you stayed around. appreciate it. >>> also remember to keep your tweets coming into us because we will keep ali on the hot seat to answer your questions. tweet me with all your personal questions when the fiscal cliff and the things that you're concerned for your own personal economy. ls ♪ ♪ all seem to say throw care away ♪ ♪ from everywhere, filling the air ♪ [ female announcer ] chex party mix. easy 15-minute homemade recipes you just pop in a microwave. like caramel chocolate drizzles. happier holidays. chex party mix. how they'll live tomorrow. for more than 116 years, ameriprise financial has worked for
john boehner has to go back to his caucus and sell this. getti the president is not putting forward an offer and he's right p. the white house is playing a weird game. but these guys don't understand the polling is against them. the facts are against them and election has been won. top 2% will pay more tax. end of story. >> and i didn't hear the speaker address that 75% say the top 2%, take it off the table. thank you. great you stayed around. appreciate it. >>> also remember to...
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Dec 13, 2012
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boehner will have to cut a deal that raises taxes. their idea of fiscal conservatism, for two decades, has only been about taxes. meanwhile, under current sentiment, underneath him, why don't you finally go after spending. those tea party people will be completely hostile to whatever deal comes up. connell: the reason he is speaker of the house is because of those tea party. the same group that may, if you are right though i drive him out of town. >> he has been systematically pushing tea party people out of committees in order to get his conference more in line. connell: he better kind of followed the line here. >> that is how you organize and discipline. it will hurt the economy without solving the problem. connell: is he supposed to -- that would be characterized as a "grand bargain." if you are right, his job is literally on the line. >> there isn't much of an option. he has not been talking about that. there is no intellectual foundation for math. if it gets tough, he gets blamed. he is going to come up with a lousy deal of some
boehner will have to cut a deal that raises taxes. their idea of fiscal conservatism, for two decades, has only been about taxes. meanwhile, under current sentiment, underneath him, why don't you finally go after spending. those tea party people will be completely hostile to whatever deal comes up. connell: the reason he is speaker of the house is because of those tea party. the same group that may, if you are right though i drive him out of town. >> he has been systematically pushing tea...
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Dec 7, 2012
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speaker boehner is about to speak. here he is. >> when it comes to the fiscal cliff that's threatening our economy and our jobs, the white house has wasted another week. you know, eight days ago secretary geithner came here to offer a plan that had twice the tax hikes that the president campaigned on. it had more stimulus spending than it had in cuts. and an indefinite, infinite increase in the debt limit like forever. four days ago we offered a serious proposal based on testimony of president clinton's former chief of staff. since then there's been no counteroffer from the white house. instead reports indicate that the president has adopted a deliberate strategy to slow-walk our economy right to the edge of the fiscal cliff. instead of reforming the tax code and cutting spending, the president wants to raise tax rates. but even if the president got the tax rate hike that he wanted, understand that we would continue to see trillion-dollar deficits for as far as the eye can see. listen. washington's got a spending probl
speaker boehner is about to speak. here he is. >> when it comes to the fiscal cliff that's threatening our economy and our jobs, the white house has wasted another week. you know, eight days ago secretary geithner came here to offer a plan that had twice the tax hikes that the president campaigned on. it had more stimulus spending than it had in cuts. and an indefinite, infinite increase in the debt limit like forever. four days ago we offered a serious proposal based on testimony of...
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Dec 7, 2012
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for the first time in a week yesterday, aides to the president and house speaker john boehner met but no discernible signs of progress. there seemed to be a hardening of positions on tax rates and possible reductions in spending. >>> pretty stern announcement from capitol hill, one of the senate's conservative leaders, jim demint of south carolina is quitting. he announced his resignation yesterday saying he will leach the senate january 1. demint will head a conservative think-tank now. south carolina's governor says there is no time table to announce demint's replacement. >> a lot of people are questioning this why he will take over the heritage foundation. his salary in the senate is $174,000. he is replacing a guy who, the head of the, the heritage foundation was making roughly $1 million a year. get, got a little bit of an increase. in salary. >> all of these politicians, go on to a lobbying, think-tank, consultant work, all that kind of stuff, they leave for big bucks there. he's considered one of the grandfathers of the tea party movement. a powerful gift. at odd with party lea
for the first time in a week yesterday, aides to the president and house speaker john boehner met but no discernible signs of progress. there seemed to be a hardening of positions on tax rates and possible reductions in spending. >>> pretty stern announcement from capitol hill, one of the senate's conservative leaders, jim demint of south carolina is quitting. he announced his resignation yesterday saying he will leach the senate january 1. demint will head a conservative think-tank...
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Dec 7, 2012
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we'll look at the problems inside his own party, for speaker boehner. it's friday. that means the lightning round with the panel. "special report" from washington starts at 6:00 eastern. now back to new york and "the five." ♪ ♪ >> bob: kay. there is music for you. on december 3 last year, 16-year-old tyler alfred from oklahoma was driving under the influence and crashed his pickup truck killing his passenger and friend 16-year-old john luke. he pleaded guilty to first degree man slaughter in august. in the muskogee county -- it's oklahoma, district judge mike norman he sided not to give him -- decided not to give him jail time. but order to attend church regularly for ten years. i have several thoughts but let you start. eric, what do you think? >> eric: this is tough. blood alcohol is .6 or .7. double the legal limit. there are other issues. not just attend church. he has to graduate high school and graduate welding school and testing going forward. on the other hand he is 17-year-old? yeah. 17 years old. i have a problem with this. 17-year-old now is kind of a
we'll look at the problems inside his own party, for speaker boehner. it's friday. that means the lightning round with the panel. "special report" from washington starts at 6:00 eastern. now back to new york and "the five." ♪ ♪ >> bob: kay. there is music for you. on december 3 last year, 16-year-old tyler alfred from oklahoma was driving under the influence and crashed his pickup truck killing his passenger and friend 16-year-old john luke. he pleaded guilty to...
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john boehner is meeting with president obama on the fiscal cliff as we speak. those are the headlines. tonight in "the war room," you'll get the story. ♪ which side are you on, boy ♪ ♪ which side are you on ♪ >> jennifer: let's start tonight with one of california's most significant contributions to the world... blue jeans! during the gold rush, bavarian immigrant began making durable cotton pants for miners seeking their fortune in the california hills. that man was levi strauss. now, 140 years later 450 million pairs of jeans are sold every year in the u.s. alone. now, you would think with that volume, the manufacturing process would be totally mechanized but actually a lot of it is still done by hand. a typical pair of jeans is made from 15 individual pieces, someone has to oversee cutting all of those pieces and sew them together and as you can see in this discovery channel documentary, the seams get ironed out flat then the zipper and the rivets are attached and finally, because who wants new-looking jeans they get distressed. workers put them on g
john boehner is meeting with president obama on the fiscal cliff as we speak. those are the headlines. tonight in "the war room," you'll get the story. ♪ which side are you on, boy ♪ ♪ which side are you on ♪ >> jennifer: let's start tonight with one of california's most significant contributions to the world... blue jeans! during the gold rush, bavarian immigrant began making durable cotton pants for miners seeking their fortune in the california hills. that man was...
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Dec 6, 2012
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boehner i think is trying to rise above partisanship and get a deal. i think he's been very valiant. but sit going to take a toll on the gop internally? >> larry, i was at a very prominent conservative meeting in washington today, and you know who showed up? a congressman from kansas. he was booted off of his committee earlier today and he was very angry talking to conservative activists. here's why conservatives are angry. as this fiscal cliff negotiations continues, they think boehner is trying to warn conservatives about going against any kind of deal he cuts with the white house. so as a warning, boehner is saying i'm going to boot you off your committee if you go against something i do. a lot of conservatives don't like it when he plays hardball. they're going to continue to fight back just like senator demint is doing right now. >> but he's also going to lose some votes on the moderate side. a couple dozen republican house members signed a bipartisan letter that says let's look at all kinds of tax rates, not just the deduction, but tax rates in r
boehner i think is trying to rise above partisanship and get a deal. i think he's been very valiant. but sit going to take a toll on the gop internally? >> larry, i was at a very prominent conservative meeting in washington today, and you know who showed up? a congressman from kansas. he was booted off of his committee earlier today and he was very angry talking to conservative activists. here's why conservatives are angry. as this fiscal cliff negotiations continues, they think boehner...
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cliff negotiations are now in the hands of just two people, president obama and house speaker john boehner. abc's david kerley joins us live with the latest. david, we have a positive jobs report. better than expected. consumer confidence plummeted. a lot of people attributing that to the gridlock in washington. >> reporter: they're using the jobs report right now, the obama administration. a little more fuel. and we are talking about two men now. it comes down to these two guys and a lot of jobs on the line. possible hiring freezes, furloughs if we go over the cliff. federal agencies now working on reports for the white house, of the cuts they will make if we do actually go over the cliff. a diner, middle-class taxpayers and the vice president, telling republicans a deal to extend tax cuts for all but the wealthy is easy. >> the president would probably have me sprint up to the hill to bring the bill down for him to sign. it can be done like that. >> reporter: not really. even though the two sides are talking, they aren't making much progress. remember that phone call between the presiden
cliff negotiations are now in the hands of just two people, president obama and house speaker john boehner. abc's david kerley joins us live with the latest. david, we have a positive jobs report. better than expected. consumer confidence plummeted. a lot of people attributing that to the gridlock in washington. >> reporter: they're using the jobs report right now, the obama administration. a little more fuel. and we are talking about two men now. it comes down to these two guys and a lot...
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Dec 6, 2012
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it's called the boehner rule. one dollar in spending increase for one dollar for debt limit increase. you balance the budge net 10 years without raising taxes. the republicans aren't giving this up any time and neither are democrats. megyn: do you see irony that the president wants to eliminate congress from raising the debt limit. when he was a senator he said in part we are debating raising a debt limit and he said this is a sign of leadership failure. increasing america's debt weakens us domestically and internationally. washington is shifting the burden on the backs of our children and grandchildren. america has a debt problem and a failure of leadership and america deserves better. >> it's true when bill clinton left office in 2000 we had you are plus and the deficit would have been eliminated as we sit here today what changed that was the republican president and congress. what put us on the path we are on now is not democrats. we would have no collective debt at all if we had left in place the clinton budge
it's called the boehner rule. one dollar in spending increase for one dollar for debt limit increase. you balance the budge net 10 years without raising taxes. the republicans aren't giving this up any time and neither are democrats. megyn: do you see irony that the president wants to eliminate congress from raising the debt limit. when he was a senator he said in part we are debating raising a debt limit and he said this is a sign of leadership failure. increasing america's debt weakens us...
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john boehner he listen to this, this is b 12 john boehner after the election, what he was calling the president to do which he is not doing. >> mr. president this is your moment. we're ready to be led, not as democrats or republicans but as americans. we want to you lead, not as a liberal or conservative, but as president of the united states of america. we want to you succeed. let's challenge ourselves to find the common ground that has alluded us. let's rise above the dysfunction and do the right thing together for our country. >> cenk: now look, i'll tell i couldn't this pisses me off. lindsey graham says the same thing. this is not time to be liberal. conservatives say time to be conservatives. we've got a mandate. but not time to be liberal time to be bipartisan. you play small ball. you're not a man. a man agrees with us? why, a man kicks your ass. >> that is not why he wanted to win. it wasn't just about getting elected. that's what lindsey graham and john boehner don't see. they are not leading. they boehner is complaining we're not getting specifics. the republicans gave no s
john boehner he listen to this, this is b 12 john boehner after the election, what he was calling the president to do which he is not doing. >> mr. president this is your moment. we're ready to be led, not as democrats or republicans but as americans. we want to you lead, not as a liberal or conservative, but as president of the united states of america. we want to you succeed. let's challenge ourselves to find the common ground that has alluded us. let's rise above the dysfunction and do...
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do you feel sorry for john boehner who has all these circus folks with him? >> i don't. >> eliot: shocking to me. >> look, he has--he's trying to maintain his caucus, and you know at the end of the day i don't really invest too heavily about the actual persons of these politicians. the fact that you were talking about lindsey graham who pressureperceived-- >> eliot: i was setting him up to tear him down. >> the point is he's facing re-election. the republican electorate that the republicans have nurtured and grown. they have created frankenstein, i've said it before on this program, and basically they're at the mercy of these people. they created this monster and they can't put it back in the bottle. >> eliot: would you agree with sam, they are now the victims of their own creation. they cannot escape the tea party fringe who has knocked out the more merate voices of the establishment party so they're left with only the fear of the far rate. shame on them. >> i don't mean to put too fine of a point on it, the republican party of this party is demented. i wrot
do you feel sorry for john boehner who has all these circus folks with him? >> i don't. >> eliot: shocking to me. >> look, he has--he's trying to maintain his caucus, and you know at the end of the day i don't really invest too heavily about the actual persons of these politicians. the fact that you were talking about lindsey graham who pressureperceived-- >> eliot: i was setting him up to tear him down. >> the point is he's facing re-election. the republican...
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Dec 9, 2012
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more boehner has proposed that in tax reform. it kind of looks like that raising taxes on the wealthy. that means the president which has laid down a substantive plan has to address spending cuts. we need about two dollars in spending cuts for every dollar in tax increases and it has to include entitlement reform. he has talked about different index inflation for social security and raising the age of medicare. that is the grand bargain that we need to do so we stop the negotiation and come to the principle compromise so we have a sustainable debt to g.d.p. ratio so our economy grows. that is what the compromise should the have to do and tax reform and entitlements and raising marginal tax rates. >> heather: do you think compromise is in progress in terms of the meeting today? >> any time the parties are talking face to face and not picking up the phone and having short conversations is a good thing. occasionally a deal gets done. we've been down this road before. boehner thought he had a deal with the president and president tho
more boehner has proposed that in tax reform. it kind of looks like that raising taxes on the wealthy. that means the president which has laid down a substantive plan has to address spending cuts. we need about two dollars in spending cuts for every dollar in tax increases and it has to include entitlement reform. he has talked about different index inflation for social security and raising the age of medicare. that is the grand bargain that we need to do so we stop the negotiation and come to...
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Dec 12, 2012
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speaker boehner is not cooperating and telling us what was in it. >> i tnk until speaker boehner and the republicans agree to raise taxes on wealthiest folks there will be no deal, it will be a high stakes game of chicken during a lame duck session of congress, no other deals will get cut. >> john? >> the president campaigned on a balanced approach. a year or so ago, president was talking about 700 billion in taxes, now he doubled it a balanced approach, negotiation would mean you put both taxes and spending on the table. and specify, president is doing neither. this is a game of chicken, which i think is designed to go over the fiscal cliff, and pin the blame on the republins, i understand why the president is doing it for political reasons but i don't think that the republicans have to surrender themselves in this game of chicken. lou: it seems the ultimatum, raise taxes on top 2%, why not let him eat to, it is his decision, go for it, if you don't want a mature, and intelligence, and responsible negotiation, you do not know who you are dealing with, it is called a constitutional b
speaker boehner is not cooperating and telling us what was in it. >> i tnk until speaker boehner and the republicans agree to raise taxes on wealthiest folks there will be no deal, it will be a high stakes game of chicken during a lame duck session of congress, no other deals will get cut. >> john? >> the president campaigned on a balanced approach. a year or so ago, president was talking about 700 billion in taxes, now he doubled it a balanced approach, negotiation would mean...
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Dec 13, 2012
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boehner and reid in washington. do you think that's having any impact on the type of people who buy your products? >> you know, i think any time when there's a lot of talk about what the future may hold for government, for taxation, for financing, that's going to give some people some trepidation about spending. if there's word about the fact that you are going to have higher taxes come the new year, won't have as much to spend, maybe you hold back a little bit. what we like about our business is, it's a relatively low barriers to entry. consumers can buy the luxury of our beauty for $17, $18, $25, $30. this is not a huge investment. and so we're finding a lot of consumers are finding their way into beauty because they don't want to spend $1,000, $2,000 or $3,000 on very luxurious, larger items like a handbag or a new car, for example. so beauty has its frequency shoppers. but that being said, overall, if the consumer is not certain she has the disposal income, perhaps she holds back a little bit. >> sir, one of my
boehner and reid in washington. do you think that's having any impact on the type of people who buy your products? >> you know, i think any time when there's a lot of talk about what the future may hold for government, for taxation, for financing, that's going to give some people some trepidation about spending. if there's word about the fact that you are going to have higher taxes come the new year, won't have as much to spend, maybe you hold back a little bit. what we like about our...
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those are the words of house speaker john boehner. harry reid, the democrats, of course, said we cannot ignore the american people on tax hikes. ron hine on why he says there is still no reason to panic on the cliff. our very own lou dobbs is not buying it. adam: our very own nicole petallides is on the new york stock exchange. where do we stand right now. right now the dow jones industrials are down nearly 60 points. the nasdaq composite is down three quarters of 1%. not a great day here. there are concerns about the fiscal cliff. we just have the deadline timeclock up again. we know that we have very accommodative fed's. let's take a look at some european markets. finance ministers have been discussing things including giving them more power. these are some of the things that they are looking at closely. we had seen europe really pushing some new recent highs. that is something that pushed us along in the last couple days. lori: a showdown in washington. sparring over a dead deal. it does not look like either party is ready to budge
those are the words of house speaker john boehner. harry reid, the democrats, of course, said we cannot ignore the american people on tax hikes. ron hine on why he says there is still no reason to panic on the cliff. our very own lou dobbs is not buying it. adam: our very own nicole petallides is on the new york stock exchange. where do we stand right now. right now the dow jones industrials are down nearly 60 points. the nasdaq composite is down three quarters of 1%. not a great day here....
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we have a bright side yesterday when john boehner came here to the white house. house speaker to talk to president obama. first individual one on one meeting since the election and that meeting and some other signals that have been sent publicly by both parties have caused some noted skeptics of us getting a fiscal cliff deal. >> i think the atmospherics are getting so much better. we've gotten out after ka bookie theater and gone to dancing the tango with those two guys. any time you start to tango, you have a chance. >> chances of getting it done now are better. i think that's what's key. >> part of that tango is republicans cracking on tax rates. that's what president obama will be talking about in michigan today. keeping the public pressure on. but the part for the administrator point of view, tyler, is what do they live john boehner so he can bring his troops along, entitlement, spending cuts, to tell their members we got a good deal. >> john, i find it curious to find that president spent as much time as he has on the road trying to drum up support for this
we have a bright side yesterday when john boehner came here to the white house. house speaker to talk to president obama. first individual one on one meeting since the election and that meeting and some other signals that have been sent publicly by both parties have caused some noted skeptics of us getting a fiscal cliff deal. >> i think the atmospherics are getting so much better. we've gotten out after ka bookie theater and gone to dancing the tango with those two guys. any time you...